Mahindra & Mahindra Assistant Product Manager Salaries by 6 Employees

2 - 11 years exp.

₹5.3 Lakhs - ₹7.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

34% less than the average Assistant Product Manager Salary in Automobile Companies for 2 - 11 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Assistant Product Manager Salary 2 - 11 years exp. (4 salaries)	₹6.5 L/yr - ₹7.7 L/yr
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Project & Program Management Assistant Product Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹6 L/yr

Last Updated: 8 Dec 2023

Companies similar to Mahindra & Mahindra for Assistant Product Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Assistant Product Manager Salary 0 - 9 years exp. (4 salaries)	₹5.9 L/yr - ₹12 L/yr 45% more
Bajaj Auto Assistant Product Manager Salary 1 - 10 years exp. (4 salaries)	₹18 L/yr - ₹29 L/yr 231% more
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Hero MotoCorp Assistant Product Manager Salary 2 - 5 years exp. (3 salaries)	₹6.9 L/yr - ₹8.9 L/yr 28% more
Maruti Suzuki Assistant Product Manager Salary 1 - 3 years exp. (3 salaries)	₹5.2 L/yr - ₹16 L/yr 92% more
Indiamart Intermesh Assistant Product Manager Salary 1 - 5 years exp. (319 salaries)	₹7.8 L/yr - ₹20.5 L/yr 145% more	5 job openings

Assistant Product Manager salary at Mahindra & Mahindra ranges between ₹5.3 Lakhs to ₹7.7 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Assistant Product Manager salaries

Last Updated: 8 Dec 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
3 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
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4 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr

View all

From

Assistant Product Manager

₹

Lakhs/yr

2 - 11 years exp.

Deputy General Manager

₹

Lakhs/yr

15 - 27 years exp.

Assistant Product Manager

2 - 11 years exp.

Deputy Product Manager

11 - 18 years exp.

88% hike

Manager

2 - 24 years exp.

54% hike

From

View 2 more levels

Assistant Product Manager

2 - 11 years exp.

Senior Corporate IT Manager

Salary unavailable

From

View 3 more levels

Assistant Product Manager

2 - 11 years exp.

Senior International Marketing Manager

Salary unavailable

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Mahindra & Mahindra

Associate Product Manager Salary

(5 salaries)

₹8.8 L/yr - ₹18 L/yr

Senior Product Manager Salary

(14 salaries)

₹22 L/yr - ₹47 L/yr

Lead Product Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Group Product Manager Salary

(AmbitionBox Estimate)

₹36.3 L/yr - ₹46.3 L/yr

Technical Product Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Senior Project Manager Salary

(7 salaries)

₹12 L/yr - ₹30 L/yr

Product Manager Salary

(57 salaries)

₹8 L/yr - ₹28 L/yr

Project Manager Salary

(84 salaries)

₹8.62 L/yr - ₹28 L/yr

Product Manager 2 Salary

(AmbitionBox Estimate)

₹23.9 L/yr - ₹30.5 L/yr

Production Manager Salary

(59 salaries)

₹8.34 L/yr - ₹26.55 L/yr

Salary related reviews for Mahindra & Mahindra

5.0

Rated by 2 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Salary - Bad

+5 more

Deputy Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 04 Oct 2018

3.0

for Salary and Benefits

Likes

Work Life Balance is good. Management keeps an eye on your learning needs. You are free to do innovation on your work area.

Skill development - Good

+1 more

Dislikes

Salary structure is very poor. Growth is very less compared to other automobile manufacturers.

Deputy Manager in Zaheerabad

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 30 Jan 2022

4.0

for Salary and Benefits

Likes

A lots of things to learn and u always get opportunity to prove yourself. Compensation is also good No issue of leaves

Salary - Good

+5 more

Dislikes

Production team has to do each and everything. Less support from CPE , RQA & PQA

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Mahindra & Mahindra Assistant Product Manager Salary FAQs

What is the salary of Assistant Product Manager at Mahindra & Mahindra ?

The average salary of a Assistant Product Manager at Mahindra & Mahindra in India typically ranges from ₹5.3 Lakhs to ₹7.7 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Assistant Product Manager at Mahindra & Mahindra earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹7.7 Lakhs per year. Assistant Product Manager Salaries at Mahindra & Mahindra can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a Assistant Product Manager at Mahindra & Mahindra in India?

The estimated take-home salary of a Assistant Product Manager at Mahindra & Mahindra in India typically ranges from ₹47,753 to ₹48,884 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹7.7 Lakhs per year for employees with experience ranging from 2 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra & Mahindra for Assistant Product Manager in India?

Bajaj Auto	₹18.0 Lakhs to ₹29.0 Lakhs per year
Indiamart Intermesh	₹7.8 Lakhs to ₹20.5 Lakhs per year
Maruti Suzuki	₹5.2 Lakhs to ₹16.0 Lakhs per year
Tata Motors	₹5.9 Lakhs to ₹12.0 Lakhs per year
Hero MotoCorp	₹6.9 Lakhs to ₹8.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra & Mahindra, depending on the role and experience level.

How the salary growth look like for a Assistant Product Manager at Mahindra & Mahindra in India?

The salary growth for a Assistant Product Manager at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Assistant Product Manager can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
2 years	₹5.8 Lakhs to ₹7.4 Lakhs per year
3 years	₹5.8 Lakhs to ₹7.4 Lakhs per year
4 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
5 years	₹5.7 Lakhs to ₹7.3 Lakhs per year

and so on.

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Mahindra & Mahindra Assistant Product Manager Salaries

Mahindra & Mahindra Assistant Product Manager salary in India ranges between ₹5.3 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.